According to PANews, the latest report from Matrixport reveals that, despite Bitcoin approaching its all-time high, cryptocurrency trading volumes in general remain low. This suggests that retail investors may not be actively participating in the current market surge, particularly in South Korea, where trading volumes are traditionally dominated by retail investors but remain low. The recent price increase appears to be primarily driven by institutional investors and corporate buyers, while retail investors are adopting a wait-and-see approach. Historically, retail investors tend to enter the market in the later stages of a cycle, which could provide the final push before a local peak, as seen in February and November 2022. This pattern may repeat itself, with retail investors possibly entering the market before another peak.
